Greater San Diego Housing Market Sees Double Sales Growth in April 2026 Amid Tight Inventory, According to REALTORS® Report

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market experienced robust activity in April 2026, with total sales reaching 27, a significant 100.0% increase compared to the previous year. Months of inventory tightened further to 1.9, reinforcing a strong sellers' market, according to the Greater San Diego Association of REALTORS®. This period saw 31 new listings enter the market, contributing to 36 active listings overall.

Market Analysis

The Greater San Diego housing market demonstrated strong performance in April 2026, characterized by a notable surge in sales and continued low inventory. Total sales for the month reached 27, marking a substantial 100.0% increase from the 18 sales recorded in April 2025. This significant year-over-year growth underscores robust buyer demand within the region.

Inventory levels remained exceptionally tight, with Months of Inventory (MOI) dropping to 1.9 in April 2026. This figure represents a decrease from 2.5 in March 2026 and a more substantial decline from 2.9 in April 2025, firmly indicating a sellers' market condition. The Sales-to-New Listings Ratio (SNLR) stood at 87.1%, suggesting that nearly nine out of ten new listings are quickly absorbed by the market, further highlighting the competitive environment. With 31 new listings and 36 active listings, the market continues to face a supply shortage relative to demand.

Property Type Analysis

Sales activity in April 2026 was relatively balanced between property types. Detached homes accounted for 14 sales, while attached homes, including townhouses, saw 13 sales. Data for apartment sales was not available for the period. The consistent demand across both detached and attached segments indicates a broad-based interest from buyers in the Greater San Diego area.

Regional Highlights

In the Kensington/Normal Heights area (zip code 92116), the market showed distinct trends for different property types. Detached homes recorded 14 closed sales with a median price of $1,188,500, representing a 17.7% year-over-year increase in median price. These homes spent an average of 20 days on the market and sold for 100.5% of their list price, indicating strong buyer competition.

Conversely, attached homes in the same area saw 13 closed sales with a median price of $575,100, which was a 19.6% year-over-year decrease in median price. Attached properties spent an average of 32 days on the market and sold for 97.1% of their list price. This suggests varying dynamics within specific sub-markets and property categories across the region.

For Buyers

In this competitive sellers' market, prospective buyers in Greater San Diego should be well-prepared. Securing pre-approval for a mortgage is crucial, and being ready to act quickly with a strong, clean offer can be advantageous. Buyers may also consider being flexible with terms and contingencies to make their offers more appealing to sellers.

For Sellers

Sellers in the Greater San Diego market are in a favorable position given the low inventory and high demand. Strategic pricing, coupled with professional staging and marketing, can attract multiple offers. Sellers should be prepared for a relatively quick sale process and review all offers carefully, considering not just the price but also the terms and buyer qualifications.